Oppenheimer Asset Management Inc. Purchases New Position in TriNet Group, Inc. $TNET

Posted by Geri Gentry on Aug 17th, 2026

Oppenheimer Asset Management Inc. purchased a new stake in TriNet Group, Inc. (NYSE:TNET – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund purchased 46,053 shares of the business services provider’s stock, valued at approximately $2,279,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of TriNet Group by 3.2% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 5,894 shares of the business services provider’s stock worth $350,000 after purchasing an additional 185 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of TriNet Group by 45.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 646 shares of the business services provider’s stock worth $38,000 after buying an additional 201 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of TriNet Group by 160.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 479 shares of the business services provider’s stock valued at $28,000 after buying an additional 295 shares in the last quarter. Quantinno Capital Management LP grew its stake in shares of TriNet Group by 5.9% in the second quarter. Quantinno Capital Management LP now owns 5,652 shares of the business services provider’s stock valued at $413,000 after buying an additional 317 shares in the last quarter. Finally, ProShare Advisors LLC raised its holdings in shares of TriNet Group by 6.8% during the 4th quarter. ProShare Advisors LLC now owns 5,466 shares of the business services provider’s stock valued at $323,000 after buying an additional 346 shares during the period. 96.81% of the stock is owned by hedge funds and other institutional investors.

TriNet Group Price Performance

TNET opened at $68.67 on Monday. The company has a 50-day moving average of $57.16 and a 200-day moving average of $47.30. The company has a market capitalization of $3.15 billion, a P/E ratio of 18.36 and a beta of 0.94. TriNet Group, Inc. has a 1-year low of $33.60 and a 1-year high of $73.07. The company has a debt-to-equity ratio of 7.17, a quick ratio of 1.13 and a current ratio of 1.13.

TriNet Group (NYSE:TNET – Get Free Report) last issued its earnings results on Thursday, July 30th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.62. TriNet Group had a net margin of 3.58% and a return on equity of 227.28%. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the prior year, the business posted $1.15 EPS. TriNet Group has set its FY 2026 guidance at 4.500-5.100 EPS. Equities analysts expect that TriNet Group, Inc. will post 3.87 EPS for the current fiscal year.

TriNet Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Wednesday, July 1st were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, July 1st. TriNet Group’s payout ratio is currently 31.02%.

Insider Activity at TriNet Group

In other TriNet Group news, Director Wayne B. Lowell sold 5,773 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $68.71, for a total transaction of $396,662.83. Following the sale, the director owned 86,449 shares in the company, valued at $5,939,910.79. This represents a 6.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Anthony Shea Treadway sold 933 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $43.46, for a total value of $40,548.18. Following the transaction, the senior vice president directly owned 67,678 shares in the company, valued at approximately $2,941,285.88. This represents a 1.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on TNET. TD Cowen boosted their price target on TriNet Group from $46.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Weiss Ratings downgraded shares of TriNet Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Zacks Research downgraded shares of TriNet Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. UBS Group dropped their price objective on shares of TriNet Group from $62.00 to $48.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Finally, Truist Financial boosted their target price on shares of TriNet Group from $50.00 to $62.00 and gave the stock a “hold” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $56.80.

View Our Latest Research Report on TNET

TriNet Group Profile

(Free Report)

TriNet Group, Inc is a leading professional employer organization (PEO) that offers integrated human capital management solutions to small and medium-size businesses. Through a bundled suite of services, TriNet manages payroll administration, employee benefits, workers’ compensation, risk mitigation and federal and state compliance. Its cloud-based platform provides clients with centralized access to HR tools, analytics and streamlined workforce management capabilities.

Founded in 1988 and headquartered in Dublin, California, TriNet has grown to support thousands of organizations across the United States.